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$1,199,000

1429 Meadow Drive Ottawa, Ontario K4P 1B1

1429 Meadow Drive, Ottawa, Ontario  K4P 1B1 - Photo 1 - 1312226
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1429 Meadow Drive Ottawa, Ontario K4P 1B1

Central Air Conditioning Baseboard Heaters, Heat Pump

Great opportunity to diversify your portfolio with two Residential Units and two Commercial Units! Sitting on 1.1 acres, this property is located just behind a main intersection in popular Greely, but still maintains an uber flexible VM3 zoning - ideal for a bed & breakfast, day care, home based business, office, brewery, restaurant and training center (the list continues!) Currently valued at a 5.3 cap, this property CASH FLOWS and has all major systems updated and in good health. The main home is a duplex with one 1 Bedroom Unit and one 4 Bedroom Unit with excellent tenants. Outside there is a oversized 3 bay garage currently rented out to a small business, as well as a commercial grade Quonset in the rear of the property also rented out to another small business. If you've been looking to get involved in some Commercial Investing then this mixed use building is the perfect start! (id:42482)

Enquire about 1429 Meadow Drive, Ottawa, Ontario K4P 1B1

    Property Details

    Property Details for 1429 Meadow Drive, Ottawa, Ontario K4P 1B1

    MLS® Number 1312226
    Property Type Multi-family
    Neighbourhood Greely
    Amenities Nearby Public Transit, Recreation Nearby, Shopping
    Communication Type Internet Access
    Features Treed
    Parking Space Total 4

    Building

    Building details for 1429 MEADOW DRIVE, Ottawa, Ontario K4P 1B1
    Basement Development Not Applicable
    Basement Type Crawl Space (not Applicable)
    Constructed Date 1875
    Construction Style Attachment Attached
    Cooling Type Central Air Conditioning
    Exterior Finish Brick, Siding
    Flooring Type Wall-to-wall Carpet, Hardwood, Tile
    Heating Fuel Natural Gas
    Heating Type Baseboard Heaters, Heat Pump
    Stories Total 2
    Type Fourplex
    Utility Water Drilled Well

    Parking

    Detached Garage

    Land

    Acreage No
    Land Amenities Public Transit, Recreation Nearby, Shopping
    Sewer Septic System
    Size Frontage 184 Ft ,11 In
    Size Irregular 184.95 Ft X 0 Ft (irregular Lot)
    Size Total Text 184.95 Ft X 0 Ft (irregular Lot)
    Zoning Description Vm3

    RE/MAX DELTA REALTY TEAM
    2316 St. Joseph Blvd.
    Ottawa, Ontario K1C 1E8

    (613) 830-0000
    (613) 830-0080
    remaxdeltarealtyteam.com

    Jessica Yaacoub
    Salesperson

    (613) 277-7000
    www.ottawacapitalgroup.com
    RE/MAX DELTA REALTY TEAM
    2316 St. Joseph Blvd.
    Ottawa, Ontario K1C 1E8

    (613) 830-0000
    (613) 830-0080
    remaxdeltarealtyteam.com

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